Lycos Energy Stock Market Value
| LCX Stock | 2.75 0.20 6.78% |
| Symbol | Lycos |
Lycos Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Lycos Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Lycos Energy.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Lycos Energy on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Lycos Energy or generate 0.0% return on investment in Lycos Energy over 30 days. Lycos Energy is related to or competes with InPlay Oil, Yangarra Resources, IShares Canadian, Altagas Cum, European Residential, RBC Discount, and IShares SPTSX. Lycos Energy is entity of Canada. It is traded as Stock on V exchange. More
Lycos Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Lycos Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Lycos Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 13.37 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 4.91 |
Lycos Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lycos Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lycos Energy's standard deviation. In reality, there are many statistical measures that can use Lycos Energy historical prices to predict the future Lycos Energy's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.73) |
Lycos Energy Backtested Returns
Lycos Energy has Sharpe Ratio of -0.0618, which conveys that the firm had a -0.0618% return per unit of risk over the last 3 months. Lycos Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lycos Energy's Standard Deviation of 2.87, mean deviation of 2.16, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lycos Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lycos Energy is expected to be smaller as well. At this point, Lycos Energy has a negative expected return of -0.19%. Please make sure to verify Lycos Energy's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Lycos Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.52 |
Good reverse predictability
Lycos Energy has good reverse predictability. Overlapping area represents the amount of predictability between Lycos Energy time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lycos Energy price movement. The serial correlation of -0.52 indicates that about 52.0% of current Lycos Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Lycos Energy lagged returns against current returns
Autocorrelation, which is Lycos Energy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Lycos Energy's stock expected returns. We can calculate the autocorrelation of Lycos Energy returns to help us make a trade decision. For example, suppose you find that Lycos Energy has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Lycos Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Lycos Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lycos Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lycos Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Lycos Energy Lagged Returns
When evaluating Lycos Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lycos Energy stock have on its future price. Lycos Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Lycos Energy autocorrelation shows the relationship between Lycos Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Lycos Energy.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Lycos Stock Analysis
When running Lycos Energy's price analysis, check to measure Lycos Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lycos Energy is operating at the current time. Most of Lycos Energy's value examination focuses on studying past and present price action to predict the probability of Lycos Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lycos Energy's price. Additionally, you may evaluate how the addition of Lycos Energy to your portfolios can decrease your overall portfolio volatility.